Other producers need to invest more says Aramco official at conference
oil and gas Saudi Arabia
Posted inProducts & Services
Saudi still number 1 oil producer
KSA still has globe’s highest reserves and produces most oil
Posted inProducts & Services
GCC OPEC members earn $87bn from January to May
Saudi leads way with revenues of US$48bn followed by UAE and Kuwait
Posted inProducts & Services
OPEC decides to maintain output
Oil cartel decides against any further cuts at meeting in Vienna
Posted inProducts & Services
Oil price still solid in spite of dire statistics
US crude inventories fall again but price still remains around US$60
Posted inProducts & Services
Saudi Arabia to become leader in solar power
KSA believed to be best place in the world to harness sun’s energy